All posts tagged "abuja"
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Publicise oil prospecting licences – NEITI tells DPR
The Nigeria Extractive Industries Transparency Initiative has called on the Department of Petroleum Resources to place all oil prospecting licences and mining leases in the public domain in conformity with global standards. It said there was a...
- Posted September 5, 2013
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Constituency projects’ll be implemented with SURE-P model – FG
The Federal Government on Tuesday in Abuja stated that lawmakers’ constituency projects as enshrined in the 2013 budget would be implemented in accordance with the model of the Dr. Christopher Kolade-led Subsidy Reinvestment and Empowerment Programme. Under...
- Posted September 5, 2013
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AMCON takes over Ifeanyi Ubah’s Capital Oil
The Asset Management Corporation of Nigeria has taken over the management of Capital Oil and Gas Industries. The Head of Corporate Communications, AMCON, Mr. Kayode Lambo, said in a signed advertorial on Wednesday that the management’s takeover...
- Posted August 30, 2013
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SURE-P intervention in rail modernisation now N32bn
Over N32bn has so far been spent on the railway modernisation project by the Federal Government under the Subsidy Re-Investment and Empowerment Programme. The figure was given by the Convener, Railway Sub-committee, SURE-P, Mr. Chike Okogwu, during...
- Posted August 25, 2013
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Oil theft: N125.78bn revenue shortfall recorded in July
The Federal Government on Thursday released the gross revenue for the month of July, stating that the country recorded N125.78bn drop in budgeted income. While the Federal Government had projected to receive a total revenue of N623.76bn...
- Posted August 24, 2013
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FG to commission 7 power plants, 150 sub-stations, says minister
The Minister of Power, Prof. Chinedu Nebo, said on Wednesday that seven power plants and 150 new sub-stations built across the country were ready for inauguration. This is in furtherance of the establishment of 10 power plants...
- Posted August 22, 2013
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No payment deadline extension – BPE tells power investors
The Bureau of Public Enterprises has said it will not extend the Wednesday deadline for the payment of the outstanding 75 per cent of the bid prices for 15 successor companies of the Power Holding Company of...
- Posted August 21, 2013
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PZ offers 56 kobo dividend, as Zenith Bank’s profit dips
Personal and household products’ major player, PZ Cussons Nigeria, on Thursday informed stockbrokers and management of the Nigerian Stock Exchange (NSE) in its full year financial result ended May 31, 2013, that it is offering a total...
- Posted August 17, 2013
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386 prospective bidders shortlisted for 10 power plants
The Federal Government on Monday said 386 firms had been shortlisted for the purchase of 10 National Integrated Power Project plants slated for privatisation. Governor Gabriel Suswam of Benue State made this known to State House correspondents...
- Posted August 13, 2013
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Jonathan asks African leaders to improve economic relations
President Goodluck Jonathan on Monday called on African leaders to take steps towards fulfilling their often declared commitment to improving trade and economic relations among countries on the continent. A statement by the Special Adviser to the...
- Posted July 31, 2013